Hello all my friend, now we will read and try to understand the meaning in the folowing passage from Antaranews.com. Read the passage carefully and give your attention to the bold words.
Indonesia as a developing country which has been integrated with the rapidly growing international trade in East Asia, with China as its main driving force, World Bank senior economist Sjamsu Rahardja said.
He said that Indonesia as a developing country is playing an important role in this regional trade, as it has many potentials and is located in a stragetically geographical region.
"At a time when Indonesia and China are flighting for a market, although some Chinese products are selling well on the world market, some Indonesian products like chemicals, paper, essential oils and even musical instruments, still manage to have a good position on the international market," he said in Jakarta Monday.
He said China will remain a world export power, but the inflation and production costs in China had been increasing, and will force it to increasingly relocate its manufacturing process to other countries, like Indonesia.
"We have to make use of this opportunity. For instance, the export of automotive components and food products which had been steadily growing, could be studied for later development," he said.
He also said that Indonesia`s exports of services are still focused on products like Bali`s tourism and Indonesian migrant workers, while in fact there are many other potentials such a designs, children`s work of art, which could be developed and promoted
driving force
- The impetus, power, or energy behind something in motion, as in He was clearly the driving force in the new administration . This term transfers the force that sets in motion an engine or vehicle to other enterprises. Ralph Waldo Emerson was among the first to use it figuratively ( English Traits , 1856): "The ability of its journals is the driving force."
- noun
the act of applying force to propel something; "after reaching the desired velocity the drive is cut off"
geographical
–adjective
1. of or pertaining to geography.
2. of or pertaining to the natural features, population, industries, etc., of a region or regions.
flighting
–noun
1. the act, manner, or power of flying.
2. the distance covered or the course taken by a flying object: a 500-mile flight; the flight of the ball.
3. a trip by an airplane, glider, etc.
4. a scheduled trip on an airline: a 5 o'clock flight.
5. a number of beings or things flying or passing through the air together: a flight of geese.
6. the basic tactical unit of military air forces, consisting of two or more aircraft.
7. the act, principles, or technique of flying an airplane: flight training.
8. a journey into or through outer space: a rocket flight.
9. swift movement, transition, or progression: the flight of time.
10. a soaring above or transcending ordinary bounds: a flight of fancy.
11. a series of steps between one floor or landing of a building and the next.
12. Archery .
a. flight arrow.
b.the distance such an arrow travels when shot.
–verb (used without object)
13. (of wild fowls) to fly in coordinated flocks.
even
–adjective
1. level; flat; without surface irregularities; smooth: an even road.
2. on the same level; in the same plane or line; parallel: even with the ground.
3. free from variations or fluctuations; regular: even motion.
4. uniform in action, character, or quality: to hold an even course.
5. equal in measure or quantity: Add even amounts of oil and vinegar.
6. divisible by two, as a number ( opposed to odd).
7. denoted by such a number: the even pages of a book.
8. exactly expressible in integers, or in tens, hundreds, etc., without fractional parts: an even seven miles.
9. Mathematics . (of a function) having a sign that remains the same when the sign of each independent variable is changed at the same time.
10. equally balanced or divided; equal: Check to see if the scales are even.
11. leaving no balance of debt on either side; square: We will not be even until I can repay him for saving my life.
12. calm; placid; not easily excited or angered: an even temper.
13. equitable, impartial, or fair: an even bargain.
–adverb
14. evenly: The road ran even over the fields.
15. still; yet (used to emphasize a comparative): even more suitable.
16. (used to suggest that something mentioned as a possibility constitutes an extreme case or an unlikely instance): Even the slightest noise disturbs him. Even if he attends, he may not participate.
17. just (used to emphasize occurrence, coincidence, or simultaneousness of occurrences): Even as he lay dying, they argued over his estate.
18. fully or quite: even to death.
19. indeed (used as an intensive for stressing the identity or truth of something): He is willing, even eager, to do it.
20. exactly or precisely: It was even so.
–verb (used with object)
21. to make even; level; smooth (sometimes fol. by out ): to even a board with a plane.
22. to place in an even state as to claim or obligation; balance (often fol. by up ): to even up accounts.
–verb (used without object)
23. to become even: The odds evened before the race.
—Verb phrase
24. even out,
a. to make or become even, smooth, or flat: The wrinkles will even out when the suit dries.
b. to become equal, balanced, stable, etc.: optimistic that the situation would even out eventually.
—Idioms
25. break even, to have one's profits equal one's losses; neither gain nor lose: The company barely broke even last year.
26. get even, to be revenged; retaliate: He vowed to get even for the insult.
inflation
–noun
1. Economics . a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency ( opposed to deflation).
2. the act of inflating.
3. the state of being inflated.
relocate
verb (used with object)
1. to move (a building, company, etc.) to a different location: plans to relocate the firm to Houston.
–verb (used without object)
2. to change one's residence or place of business; move: Next year we may relocate to Denver.
instance
–noun
1. a case or occurrence of anything: fresh instances of oppression.
2. an example put forth in proof or illustration: to cite a few instances.
3. Law . the institution and prosecution of a case.
4. Archaic . urgency in speech or action.
5. Obsolete . an impelling motive.
–verb (used with object)
6. to cite as an instance or example.
7. to exemplify by an instance.
–verb (used without object)
8. to cite an instance.
—Idioms
9. at the instance of, at the urging or suggestion of: He applied for the assistantship at the instance of his professor.
10. for instance, as an example; for example: If you were to go to Italy, for instance, you would get a different perspective on our culture.
steadily
–adjective
1. firmly placed or fixed; stable in position or equilibrium: a steady ladder.
2. even or regular in movement: the steady swing of the pendulum.
3. free from change, variation, or interruption; uniform; continuous: a steady diet of meat and potatoes; a steady wind.
4. constant, regular, or habitual: a steady job.
5. free from excitement or agitation; calm: steady nerves.
6. firm; unfaltering: a steady gaze; a steady hand.
7. steadfast or unwavering; resolute: a steady purpose.
8. settled, staid, or sober, as a person, habits, etc.
9. Nautical . (of a vessel) keeping nearly upright, as in a heavy sea.
–interjection
10. (used to urge someone to calm down or be under control.)
11. Nautical . (a helm order to keep a vessel steady on its present heading.)
–noun
12. Informal . a person of the opposite sex whom one dates exclusively; sweetheart; boyfriend or girlfriend.
13. Informal . a steady visitor, customer, or the like; habitué.
–verb (used with object)
14. to make or keep steady, as in position, movement, action, character, etc.: His calm confidence steadied the nervous passengers.
–verb (used without object)
15. to become steady.
–adverb
16. in a firm or steady manner: Hold the ladder steady.
17. Informal . steadily, regularly, or continuously: Is she working steady now?
—Idiom
18. go steady, Informal . to date one person exclusively: Her father didn't approve of her going steady at such an early age.
Senin, 29 November 2010
Jumat, 26 November 2010
Pertamina yet to take final decision on acquiring Medco-Antaranews.com
Hello all my friend, now we will read and try to understand the meaning in the folowing passage from Antaranews.com. Read the passage carefully and give your attention to the bold words.
State-owned oil and gas firm Pertamina has not yet taken a final decision on the indirect acquisition of PT Medco Energi Internasional, a Pertamina official said.
Director for Pertamina`s Business Development and Risk Management, Feredrick ST Siahaan told a hearing with the House of Representatives (DPR)`s Commission VII on energy affairs here on Thursday that his side was still carrying out due diligence on the planned acquisition.
"The management has not decided yet until today. We still have time until the end of November to carry out the due diligence," he said.
The hearing which was initially scheduled to discuss Pertamina`s upstream and downstream performance was finally adjourned because Pertamina President director Karen Agustiawan was absence for an illness.
They agreed to resume the meeting on Monday, November 29, 2010.
Based on the notes in the hearing, the House Commission VII rejected the planned acquisition of Medco.
But the Prosperous and Justice Party (PKS) faction said it had yet to reject the Pertamina plan to acquire stake in Medco.
Satya W Yudha of Commission VII said it had better for Pertamina to focus on investing its funds in increasing reserves exploitations.
Earlier, Pri Agung Rakhmanto, executive director of ReforMiner Institute, viewed Pertamina`s move to acquire Medco as a strategic step. He said that the plan was a business strategy being developed by Pertamina to increase its oil output.
This step will have positive impact on the government`s oil production target of 1 million barrels per day in 2015. After all, Pertamina and Medco are two oil and gas firms which are trying to build themselves into a world class firm.
Pertamina and Encore International Limited (EIL) have signed a principle of agreement as part of the step for Pertamina to purchase the EIL stake at Encore Energy Pte Lted ((EEPL).
EEPL owns 50.7 percent shares at Medco Energi International. With the acquisition, Pertamina will automatically control 27.9 percent of Medco shares.
acquisition =
– noun
1. the act of acquiring or gaining possession: the acquisition of real estate.
2. something acquired; addition: a recent acquisition to the museum.
3. Linguistics . the act or process of achieving mastery of a language or a linguistic rule or element: child language acquisition; second language acquisition.
Risk Management =
– noun
the technique or profession of assessing, minimizing, and preventing accidental loss to a business, as through the use of insurance, safety measures, etc.
hearing =
–noun
1. the faculty or sense by which sound is perceived.
2. the act of perceiving sound.
3. opportunity to be heard: to grant a hearing.
4. an instance or a session in which testimony and arguments are presented, esp. before an official, as a judge in a lawsuit.
5. a preliminary examination of the basic evidence and charges by a magistrate to determine whether criminal procedures, a trial, etc., are justified.
6. earshot: Their conversation was beyond my hearing.
carrying out =
carry out,
a. to put into operation; execute: He doesn't have the funds to carry out his design.
b. to effect or accomplish; complete: They carried out their plan without incident.
due diligence =
Due Diligence - DD definition
1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale.
2. Generally, due diligence refers to the care a reasonable person should take before entering in an agreement or transaction with another party.
Investopedia Commentary
1. Offers to purchase an asset are usually depend on the results of due diligence analysis. This includes reviewing all financial records plus anything else deemed material to the sale. Sellers could also perform a due diligence analysis on the buyer. Items that may be considered are the buyer's ability to purchase, as well as other items that would affect the purchased entity or the seller after the sale has been completed.
2. Due diligence is essentially a way of preventing unnecessary harm to either party involved in a transaction.
barrels =
– noun
1. a cylindrical wooden container with slightly bulging sides made of staves hooped together, and with flat, parallel ends.
2. the quantity that such a vessel of some standard size can hold: for most liquids, 31 1 / 2 U.S. gallons (119 L); for petroleum, 42 U.S. gallons (159 L); for dry materials, 105 U.S. dry quarts (115 L). Abbreviation: bbl
3. any large quantity: a barrel of fun.
4. any container, case, or part similar to a wooden barrel in form.
5. Ordnance . the tube of a gun.
6. Machinery . the chamber of a pump in which the piston works.
7. a drum turning on a shaft, as in a weight-driven clock.
8. Horology . the cylindrical case in a watch or clock within which the mainspring is coiled.
9. Ornithology Obsolete . a calamus or quill.
10. the trunk of a quadruped, esp. of a horse, cow, etc.
11. Nautical . the main portion of a capstan, about which the rope winds, between the drumhead at the top and the pawl rim at the bottom.
12. a rotating horizontal cylinder in which manufactured objects are coated or polished by tumbling in a suitable substance.
13. any structure having the form of a barrel vault.
14. Also called throat. Automotive . a passageway in a carburetor that has the shape of a Venturi tube.
–verb (used with object)
15. to put or pack in a barrel or barrels.
16. to finish (metal parts) by tumbling in a barrel.
17. Informal . to force to go or proceed at high speed: He barreled his car through the dense traffic.
–verb (used without object)
18. Informal . to travel or drive very fast: to barrel along the highway.
—Idiom
19. over a barrel, Informal . in a helpless, weak, or awkward position; unable to act: They really had us over a barrel when they foreclosed the mortgage.
State-owned oil and gas firm Pertamina has not yet taken a final decision on the indirect acquisition of PT Medco Energi Internasional, a Pertamina official said.
Director for Pertamina`s Business Development and Risk Management, Feredrick ST Siahaan told a hearing with the House of Representatives (DPR)`s Commission VII on energy affairs here on Thursday that his side was still carrying out due diligence on the planned acquisition.
"The management has not decided yet until today. We still have time until the end of November to carry out the due diligence," he said.
The hearing which was initially scheduled to discuss Pertamina`s upstream and downstream performance was finally adjourned because Pertamina President director Karen Agustiawan was absence for an illness.
They agreed to resume the meeting on Monday, November 29, 2010.
Based on the notes in the hearing, the House Commission VII rejected the planned acquisition of Medco.
But the Prosperous and Justice Party (PKS) faction said it had yet to reject the Pertamina plan to acquire stake in Medco.
Satya W Yudha of Commission VII said it had better for Pertamina to focus on investing its funds in increasing reserves exploitations.
Earlier, Pri Agung Rakhmanto, executive director of ReforMiner Institute, viewed Pertamina`s move to acquire Medco as a strategic step. He said that the plan was a business strategy being developed by Pertamina to increase its oil output.
This step will have positive impact on the government`s oil production target of 1 million barrels per day in 2015. After all, Pertamina and Medco are two oil and gas firms which are trying to build themselves into a world class firm.
Pertamina and Encore International Limited (EIL) have signed a principle of agreement as part of the step for Pertamina to purchase the EIL stake at Encore Energy Pte Lted ((EEPL).
EEPL owns 50.7 percent shares at Medco Energi International. With the acquisition, Pertamina will automatically control 27.9 percent of Medco shares.
acquisition =
– noun
1. the act of acquiring or gaining possession: the acquisition of real estate.
2. something acquired; addition: a recent acquisition to the museum.
3. Linguistics . the act or process of achieving mastery of a language or a linguistic rule or element: child language acquisition; second language acquisition.
Risk Management =
– noun
the technique or profession of assessing, minimizing, and preventing accidental loss to a business, as through the use of insurance, safety measures, etc.
hearing =
–noun
1. the faculty or sense by which sound is perceived.
2. the act of perceiving sound.
3. opportunity to be heard: to grant a hearing.
4. an instance or a session in which testimony and arguments are presented, esp. before an official, as a judge in a lawsuit.
5. a preliminary examination of the basic evidence and charges by a magistrate to determine whether criminal procedures, a trial, etc., are justified.
6. earshot: Their conversation was beyond my hearing.
carrying out =
carry out,
a. to put into operation; execute: He doesn't have the funds to carry out his design.
b. to effect or accomplish; complete: They carried out their plan without incident.
due diligence =
Due Diligence - DD definition
1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale.
2. Generally, due diligence refers to the care a reasonable person should take before entering in an agreement or transaction with another party.
Investopedia Commentary
1. Offers to purchase an asset are usually depend on the results of due diligence analysis. This includes reviewing all financial records plus anything else deemed material to the sale. Sellers could also perform a due diligence analysis on the buyer. Items that may be considered are the buyer's ability to purchase, as well as other items that would affect the purchased entity or the seller after the sale has been completed.
2. Due diligence is essentially a way of preventing unnecessary harm to either party involved in a transaction.
barrels =
– noun
1. a cylindrical wooden container with slightly bulging sides made of staves hooped together, and with flat, parallel ends.
2. the quantity that such a vessel of some standard size can hold: for most liquids, 31 1 / 2 U.S. gallons (119 L); for petroleum, 42 U.S. gallons (159 L); for dry materials, 105 U.S. dry quarts (115 L). Abbreviation: bbl
3. any large quantity: a barrel of fun.
4. any container, case, or part similar to a wooden barrel in form.
5. Ordnance . the tube of a gun.
6. Machinery . the chamber of a pump in which the piston works.
7. a drum turning on a shaft, as in a weight-driven clock.
8. Horology . the cylindrical case in a watch or clock within which the mainspring is coiled.
9. Ornithology Obsolete . a calamus or quill.
10. the trunk of a quadruped, esp. of a horse, cow, etc.
11. Nautical . the main portion of a capstan, about which the rope winds, between the drumhead at the top and the pawl rim at the bottom.
12. a rotating horizontal cylinder in which manufactured objects are coated or polished by tumbling in a suitable substance.
13. any structure having the form of a barrel vault.
14. Also called throat. Automotive . a passageway in a carburetor that has the shape of a Venturi tube.
–verb (used with object)
15. to put or pack in a barrel or barrels.
16. to finish (metal parts) by tumbling in a barrel.
17. Informal . to force to go or proceed at high speed: He barreled his car through the dense traffic.
–verb (used without object)
18. Informal . to travel or drive very fast: to barrel along the highway.
—Idiom
19. over a barrel, Informal . in a helpless, weak, or awkward position; unable to act: They really had us over a barrel when they foreclosed the mortgage.
Minister admits lack of transparency in Krakatau Steel IPO-thejakartapost.com
Read the passage carefully and give your attention to the bold words
State Minister for State Enterprises Mustafa Abubakar has said that public communications were conducted poorly during PT Krakatau steel’s recent initial public offering.
“We do realize that there was a lack of public communication about the IPO of Krakatau Steel (KS). We will learn from this and use this experience constructively for the next IPO,” he said Friday as quoted by Kompas.com.
He said he denied accusations that the government was “selling off” the state enterprise, saying that the lion's share of Krakatau Steel still belonged to the government, and that only a minority 20 percent had gone public.
Mustafa insisted the initial listing price of the stock of Rp 850 per share was in line with the company’s market valuation.
Here the meaning of the bold ward
conducted =
–noun
1. personal behavior; way of acting; bearing or deportment.
2. direction or management; execution: the conduct of a business.
3. the act of conducting; guidance; escort: The curator's conduct through the museum was informative.
4. Obsolete . a guide; an escort.
–verb (used with object)
5. to behave or manage (oneself): He conducted himself well.
6. to direct in action or course; manage; carry on: to conduct a meeting; to conduct a test.
7. to direct (an orchestra, chorus, etc.) as leader.
8. to lead or guide; escort: to conduct a tour.
9. to serve as a channel or medium for (heat, electricity, sound, etc.): Copper conducts electricity.
–verb (used without object)
10. to lead.
11. to act as conductor, esp. of a musical group.
realize =
- verb (used with object)
1. to grasp or understand clearly.
2. to make real; give reality to (a hope, fear, plan, etc.).
3. to bring vividly to the mind.
4. to convert into cash or money: to realize securities.
5. to obtain as a profit or income for oneself by trade, labor, or investment.
6. to bring as proceeds, as from a sale: The goods realized $1000.
7. Music . to sight-read on a keyboard instrument or write out in notation the full harmony and ornamentation indicated by (a figured bass).
8. Linguistics . to serve as an instance, representation, or embodiment of (an abstract linguistic element or category): In “Jack tripped,” the subject is realized by “Jack,” the predicate by “tripped,” and the past tense by “-ed.”
–verb (used without object)
9. to convert property or goods into cash or money.
initial public offering =
- The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately-owned companies looking to become publicly traded.
- In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), best offering price and time to bring it to market.
constructively =
- adjective
1. constructing or tending to construct; helping to improve; promoting further development or advancement ( opposed to destructive): constructive criticism.
2. of, pertaining to, or of the nature of construction; structural.
3. deduced by inference or interpretation; inferential: constructive permission.
4. Law . denoting an act or condition not directly expressed but inferred from other acts or conditions.
quoted =
– verb (used with object)
1. to repeat (a passage, phrase, etc.) from a book, speech, or the like, as by way of authority, illustration, etc.
2. to repeat words from (a book, author, etc.).
3. to use a brief excerpt from: The composer quotes Beethoven's Fifth in his latest work.
4. to cite, offer, or bring forward as evidence or support.
5. to enclose (words) within quotation marks.
6. Commerce . a. to state (a price). b. to state the current price of.
– verb (used without object)
7. to make a quotation or quotations, as from a book or author.
8. (used by a speaker to indicate the beginning of a quotation.)
– noun
9. a quotation.
10. quotation mark.
— Idiom
11. quote unquote, so called; so to speak; as it were: If you're a liberal, quote unquote, they're suspicious of you.
accusations =
– noun
1. a charge of wrongdoing; imputation of guilt or blame.
2. the specific offense charged: The accusation is murder.
3. the act of accusing or state of being accused.
selling off =
– verb (used with object)
1. to transfer (goods) to or render (services) for another in exchange for money; dispose of to a purchaser for a price: He sold the car to me for $1000.
2. to deal in; keep or offer for sale: He sells insurance. This store sells my favorite brand.
3. to make a sale or offer for sale to: He'll sell me the car for $1000.
4. to persuade or induce (someone) to buy something: The salesman sold me on a more expensive model than I wanted.
5. to persuade or induce someone to buy (something): The clerk really sold the shoes to me by flattery.
6. to make sales of: The hot record sold a million copies this month.
7. to cause to be accepted, esp. generally or widely: to sell an idea to the public.
8. to cause or persuade to accept; convince: to sell the voters on a candidate.
9. to accept a price for or make a profit of (something not a proper object for such action): to sell one's soul for political power.
10. to force or exact a price for: The defenders of the fort sold their lives dearly.
11. Informal . to cheat, betray, or hoax.
– verb (used without object)
12. to engage in selling something.
13. to be on sale.
14. to offer something for sale: I like this house—will they sell?
15. to be employed to persuade or induce others to buy, as a salesperson or a clerk in a store: One sister is a cashier and the other sells.
16. to have a specific price; be offered for sale at the price indicated (fol. by at or for ): Eggs used to sell at sixty cents a dozen. This shirt sells for thirty dollars.
17. to be in demand by buyers: On a rainy day, umbrellas really sell.
18. to win acceptance, approval, or adoption: Here's an idea that'll sell.
19. sell (someone) a bill of goods. bill of goods ( def. 3 ) .
– noun
20. an act or method of selling.
21. Stock Exchange . a security to be sold.
22. Informal . a cheat; hoax.
— Verb phrases
23. sell off, to sell, esp. at reduced prices, in order to get rid of: The city is selling off a large number of small lots at public auction.
24. sell out, a. to dispose of entirely by selling. b. to betray (an associate, one's country, a cause, etc.); turn traitor: He committed suicide rather than sell out to the enemy.
25. sell up, British . to sell out: She was forced to sell up her entire stock of crystal.
— Idiom
26. sell short. short ( def. 50 ) . Use selling off in a Sentence See images of selling off Search selling off on the Web
– noun
1. Stock Exchange . a sudden and marked decline in stock or bond prices resulting from widespread selling.
2. an act or instance of liquidating assets or subsidiaries, as by divestiture.
State Minister for State Enterprises Mustafa Abubakar has said that public communications were conducted poorly during PT Krakatau steel’s recent initial public offering.
“We do realize that there was a lack of public communication about the IPO of Krakatau Steel (KS). We will learn from this and use this experience constructively for the next IPO,” he said Friday as quoted by Kompas.com.
He said he denied accusations that the government was “selling off” the state enterprise, saying that the lion's share of Krakatau Steel still belonged to the government, and that only a minority 20 percent had gone public.
Mustafa insisted the initial listing price of the stock of Rp 850 per share was in line with the company’s market valuation.
Here the meaning of the bold ward
conducted =
–noun
1. personal behavior; way of acting; bearing or deportment.
2. direction or management; execution: the conduct of a business.
3. the act of conducting; guidance; escort: The curator's conduct through the museum was informative.
4. Obsolete . a guide; an escort.
–verb (used with object)
5. to behave or manage (oneself): He conducted himself well.
6. to direct in action or course; manage; carry on: to conduct a meeting; to conduct a test.
7. to direct (an orchestra, chorus, etc.) as leader.
8. to lead or guide; escort: to conduct a tour.
9. to serve as a channel or medium for (heat, electricity, sound, etc.): Copper conducts electricity.
–verb (used without object)
10. to lead.
11. to act as conductor, esp. of a musical group.
realize =
- verb (used with object)
1. to grasp or understand clearly.
2. to make real; give reality to (a hope, fear, plan, etc.).
3. to bring vividly to the mind.
4. to convert into cash or money: to realize securities.
5. to obtain as a profit or income for oneself by trade, labor, or investment.
6. to bring as proceeds, as from a sale: The goods realized $1000.
7. Music . to sight-read on a keyboard instrument or write out in notation the full harmony and ornamentation indicated by (a figured bass).
8. Linguistics . to serve as an instance, representation, or embodiment of (an abstract linguistic element or category): In “Jack tripped,” the subject is realized by “Jack,” the predicate by “tripped,” and the past tense by “-ed.”
–verb (used without object)
9. to convert property or goods into cash or money.
initial public offering =
- The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately-owned companies looking to become publicly traded.
- In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), best offering price and time to bring it to market.
constructively =
- adjective
1. constructing or tending to construct; helping to improve; promoting further development or advancement ( opposed to destructive): constructive criticism.
2. of, pertaining to, or of the nature of construction; structural.
3. deduced by inference or interpretation; inferential: constructive permission.
4. Law . denoting an act or condition not directly expressed but inferred from other acts or conditions.
quoted =
– verb (used with object)
1. to repeat (a passage, phrase, etc.) from a book, speech, or the like, as by way of authority, illustration, etc.
2. to repeat words from (a book, author, etc.).
3. to use a brief excerpt from: The composer quotes Beethoven's Fifth in his latest work.
4. to cite, offer, or bring forward as evidence or support.
5. to enclose (words) within quotation marks.
6. Commerce . a. to state (a price). b. to state the current price of.
– verb (used without object)
7. to make a quotation or quotations, as from a book or author.
8. (used by a speaker to indicate the beginning of a quotation.)
– noun
9. a quotation.
10. quotation mark.
— Idiom
11. quote unquote, so called; so to speak; as it were: If you're a liberal, quote unquote, they're suspicious of you.
accusations =
– noun
1. a charge of wrongdoing; imputation of guilt or blame.
2. the specific offense charged: The accusation is murder.
3. the act of accusing or state of being accused.
selling off =
– verb (used with object)
1. to transfer (goods) to or render (services) for another in exchange for money; dispose of to a purchaser for a price: He sold the car to me for $1000.
2. to deal in; keep or offer for sale: He sells insurance. This store sells my favorite brand.
3. to make a sale or offer for sale to: He'll sell me the car for $1000.
4. to persuade or induce (someone) to buy something: The salesman sold me on a more expensive model than I wanted.
5. to persuade or induce someone to buy (something): The clerk really sold the shoes to me by flattery.
6. to make sales of: The hot record sold a million copies this month.
7. to cause to be accepted, esp. generally or widely: to sell an idea to the public.
8. to cause or persuade to accept; convince: to sell the voters on a candidate.
9. to accept a price for or make a profit of (something not a proper object for such action): to sell one's soul for political power.
10. to force or exact a price for: The defenders of the fort sold their lives dearly.
11. Informal . to cheat, betray, or hoax.
– verb (used without object)
12. to engage in selling something.
13. to be on sale.
14. to offer something for sale: I like this house—will they sell?
15. to be employed to persuade or induce others to buy, as a salesperson or a clerk in a store: One sister is a cashier and the other sells.
16. to have a specific price; be offered for sale at the price indicated (fol. by at or for ): Eggs used to sell at sixty cents a dozen. This shirt sells for thirty dollars.
17. to be in demand by buyers: On a rainy day, umbrellas really sell.
18. to win acceptance, approval, or adoption: Here's an idea that'll sell.
19. sell (someone) a bill of goods. bill of goods ( def. 3 ) .
– noun
20. an act or method of selling.
21. Stock Exchange . a security to be sold.
22. Informal . a cheat; hoax.
— Verb phrases
23. sell off, to sell, esp. at reduced prices, in order to get rid of: The city is selling off a large number of small lots at public auction.
24. sell out, a. to dispose of entirely by selling. b. to betray (an associate, one's country, a cause, etc.); turn traitor: He committed suicide rather than sell out to the enemy.
25. sell up, British . to sell out: She was forced to sell up her entire stock of crystal.
— Idiom
26. sell short. short ( def. 50 ) . Use selling off in a Sentence See images of selling off Search selling off on the Web
– noun
1. Stock Exchange . a sudden and marked decline in stock or bond prices resulting from widespread selling.
2. an act or instance of liquidating assets or subsidiaries, as by divestiture.
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